Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of useful lives of items of property and equipment

Depreciation

Useful

Category

    

Method

    

Life

Buildings

    

Straight line

    

20 years

Machinery

Straight line

5 years

Furniture and fixtures

 

Straight line

 

5 years

Motor vehicles

 

Straight line

 

5 years

Office equipment

 

Straight line

 

5 years

IT equipment

 

Straight line

 

3 – 5 years

Computer software

Straight line

2 – 8 years

Spa equipment, curtains, crockery, glassware and linen

Straight line

5 years